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November 9, 2007 at 4:47 PM #10874November 9, 2007 at 11:32 PM #98099patientrenterParticipant
And this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.
This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.
Patient renter in OC
November 9, 2007 at 11:32 PM #98163patientrenterParticipantAnd this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.
This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.
Patient renter in OC
November 9, 2007 at 11:32 PM #98171patientrenterParticipantAnd this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.
This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.
Patient renter in OC
November 9, 2007 at 11:32 PM #98172patientrenterParticipantAnd this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.
This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.
Patient renter in OC
November 10, 2007 at 12:12 AM #98105bjensenParticipantWow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.
November 10, 2007 at 12:12 AM #98170bjensenParticipantWow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.
November 10, 2007 at 12:12 AM #98178bjensenParticipantWow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.
November 10, 2007 at 12:12 AM #98180bjensenParticipantWow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.
November 10, 2007 at 8:22 AM #98153bsrsharmaParticipantIt was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.
November 10, 2007 at 8:22 AM #98220bsrsharmaParticipantIt was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.
November 10, 2007 at 8:22 AM #98226bsrsharmaParticipantIt was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.
November 10, 2007 at 8:22 AM #98227bsrsharmaParticipantIt was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.
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